Rate Of ReturnJul 3 at 06:09 AM
$AMD(AMD.US)
I believe valuations are pretty stretched at these levels. Even for an awesome company like AMD. As such I am still cautious to buy at these levels even though I believe the fundamentals are outstanding.
However, the recent selloff looks rather overdone and I believe AMD can still make another move to ATH before pulling back substantially to more reasonable values before the next up cycle.
@Bridge Buzz SG
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